Havells - About the company
Havells is a public company based in Noida (India), founded in 1983 by Qimat Rai Gupta. It operates as an Electrical equipment manufacturer. Havells has raised an undisclosed amount in funding. The company has 302 active competitors, including 5 funded and 25 that have exited. Its top competitors include companies like Samsung, Atomberg and Mitsubishielectric.
Company Details
Founded in 1958, Havells India is a electrical equipment company with products ranging from industrial & domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, CFL, luminaries for domestic, commercial & industrial applications, modular switches, water heater and domestic appliances. Havells owns brands like Crabtree, Sylvania, Concord, Lumiance and has 91 branches / representative offices and 12 manufacturing plants in India.
- Website
- havells.com
- Email ID
- *****@havells.com, *****@havells.com
- Phone Number
- +91 **********, +91 **********
- Registered Address
- 904, 9th Floor, Surya Kiran Building, K G Marg, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001
Key Metrics
Founded Year
1983
Location
Noida, India
Stage
Public
Latest Funding Round
Investors
Ranked
4th among 302 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
7,161 as on Mar 31, 2025
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Havells
Havells is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SIMPSON DRIVES AND CONTROLS PRIVATE LIMITED CIN: U31103RJ1997PTC014537 , India, Active | Dec 30, 1997 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
HAVELLS INDIA LIMITED CIN: L31900DL1983PLC016304 , India, Active | Aug 08, 1983 | ₹1,000+ Cr (As on Mar 31, 2025) | 7630 (As on Mar 31, 2025) | |
HAVELLS GLOBAL LIMITED CIN: U31909DL2016PLC302444 , India, Amalgamated | Jul 04, 2016 | 0 - ₹10 Cr (As on Mar 31, 2019) | - |
Havells's IPO details
Havells got listed on Feb 08, 1994.
Click here to take a look at Havells's IPO in detail
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Havells's funding and investors
Havells has raised funding over 3 rounds. Its first funding round was on Nov 17, 2011. Its latest funding round was a Post IPO round on May 21, 2014 for $*****. 1 investor participated in its latest round. Havells has 9 institutional investors.
Here is the list of recent funding rounds of Havells:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 21, 2014 | 1849586 | Post IPO | 9287228 | 7793628 | 2021031 | 1610200 |
May 25, 2012 | 5492214 | Conventional Debt | 3726167 | 4197229 | 7890189 | |
Nov 17, 2011 | 1423967 | Post IPO | 6658690 | 7363352 | 3107197 |
View details of Havells's funding rounds and investors
Havells' founders and board of directors
Founder? Claim ProfileThe founders of Havells is Qimat Rai Gupta.
Here are the details of Havells' key team members:
- Qimat Rai Gupta: Former Founder of Havells. Contact Info: 1 email address
Havells' Board of Directors
Havells's board has 14 active members. Anil Rai Gupta is part of team and Rajesh Kumar Gupta, Puneet Bhatia, Jalaj Ashwin Dani, Ameet Kumar Gupta, Surjit Kumar Gupta, Namrata Kaul, Vivek Mehra, Ashish Bharat Ram, Subhash Sheoratan Mundra, Upendra Kumar Sinha, Mohandas Tellicheery Venkataraman Pai, Siddhartha Pandit and Prasada Rao Bontha are independent board members.Here is the list of Havells' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
puivjgp | Team | - | Current | 6y 8m |
Independent board member | - | Current | 34y 2m | |
awkfnvc | Independent board member | - | Current | 1y 7m |
dsn{pwi | Independent board member | - | Current | 8y 9m |
djzlxip | Independent board member | - | Current | 6y 2m |
{byyfbr | Independent board member | - | Current | 5y 3m |
hujpocv | Independent board member | - | Current | 2y 9m |
lqk{kxf | Independent board member | - | Current | 4y 5m |
kasjaza | Independent board member | - | Current | 6y 2m |
hvs{iue | Independent board member | - | Current | 3y 4m |
urdpyv{ | Independent board member | - | Current | 2y 1m |
bgjh{za | Independent board member | - | Current | 9y 8m |
isaoecm | Independent board member | - | Current | 9y 7m |
krzgnai | Independent board member | - | Current | 9y 1m |
View details of Havells's Founder profiles and Board Members
Havells' employee count trend
Havells has 7,161 employees as of Mar 25. The total employee count is 4.0% lower than what it was in Mar 24. Here is Havells's employee count trend over the years:
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Havells's Competitors and alternates
Top competitors of Havells include Samsung, Atomberg and Mitsubishielectric. Here is the list of Top 10 competitors of Havells, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Samsung 1938, Suwon-si (South Korea), Public | Manufacturer of multi category electronic products | - | 79/100 | |
2nd | Manufacturer of energy efficient ceiling fans kitchen appliances smart locks | $119M | 77/100 | ||
3rd | Mitsubishielectric 1921, Germany, Public | Manufacturer of diverse electrical and electronic products, systems, and solutions | - | 75/100 | |
4th | Electrical equipment manufacturer | - | 66/100 | ||
5th | Coway 1989, Seoul (South Korea), Acquired | Provider of water purification, air purification, and mattress rental services | - | 67/100 | |
6th | Delta Electronics 1971, Taipei (Taiwan), Public | Power management and thermal solutions provider | - | 66/100 | |
7th | Manufacturer of design-first appliances, including air fryers, fans, vacuum cleaners | $10M | 66/100 | ||
8th | Orient Electric 1954, Delhi (India), Public | Manufacturer of home and kitchen appliances | - | - | 58/100 |
9th | HPL Electric & Power 1992, Noida (India), Public | Manufacturer of electrical equipment products | - | - | 53/100 |
10th | IFB Industries 1974, Kolkata (India), Public | Brand of home appliances | - | 51/100 |
Looking for more details on Havells's competitors? Click here to see the top ones
Havells's Investments and acquisitions
Havells has made 13 investments in companies including Dhun Wellness and Goldi Solar. Havells has also acquired 1 companies including Promptec Renewable Energy Solutions.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 22, 2026 | Investments | 2025 | Mumbai (India) | |
Jun 12, 2025 | Investments | 2011 | Surat (India) | |
Dec 29, 2023 | Investments | 2020 | Ahmedabad (India) |
See all investments by Havells
Reports related to Havells
Here is the latest report on Havells's geography:
News related to Havells
Media has covered Havells for a total of 16 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
•
Former Britannia MD Varun Berry joins Havells as an independent directorMoneycontrol•Apr 22, 2026•Havells, Britannia
•
Voltas Appoints Prince Subroto Mani to Lead RAC Electronics R&Delectronicsforyou.biz•Mar 30, 2026•Voltas, Havells
•
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Celeb-backed brands Dhun, Palmonas bag funding amid investor buzzLivemint•Jan 22, 2026•Dhun Wellness, Xponentia Capital, Havells, SRF and 2 others
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Selsmart, Attero, and Havells' Lloyd launch 'Lloyd Eco Exchange Program' for appliance upgradesThe Tribune•Jan 15, 2026•Selsmart, Havells, Attero
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Havells India to acquire stake in solar SPV for captive consumptionMergersIndia•Nov 27, 2025•Havells, Kundangreenenergy
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Goldi Solar Receives ₹14 Billion in Havells-led Funding to Boost ManufacturingMercom India•Oct 29, 2025•Goldi Solar, Havells, Zerodha, Kama Holdings and 2 others
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Reliance, Havells in race to acquire majority control in Whirlpool IndiaMergersIndia•Jun 20, 2025•Reliance Retail, Havells, Whirlpool of India
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